The crusade against worthless degrees will continue.
10 comments:
Harry
said...
I almost sent you an email yesterday when I read this article. Nothing special until I got near the end and read "graduating with an interdisciplinary degree in religious and women's studies." Ha! Surprise, surprise.
Perhaps the most telling quote from the entire article:
"They would do whatever they could to get Cortney into the best possible college, and they maintained a blind faith that the investment would be worth it."
Yep, that pretty much sums up the problems with the US economy today. Average people are basing their personal financial decisions on "blind faith." Then when reality smacks them upside the head, well, it is the bank's fault.
Investments are things you buy that have a positive return in the long run. Did this twit really think she was going to see a $100K+ increase in salary studying "woman's studies?"
Of course, the hopey-changey administration will find a way to forgive her debt, without requiring her to do something difficult, like be a productive member of society.
"It's the highest salary she's earned since graduating with an interdisciplinary degree in religious and women's studies"
Yes, it's rather peculiar this SALIENT FACT was buried so deeply in the article.
It's amazing, simply amazing, that the funding of student loans is not underwritten based on the expected income of one's major and university.
If that were the case, then universities would start charging different rates of tuition for different majors. Because the low-earning majors will have cheap tuition, they'll have to ration seats and eliminate WORTHLESS degree programs like Women's Studies.
Oh, and then she takes on MORE debt by going to school at night in order to defer her loans - kicking the can down the road.
And she lives in San Francisco. I'd wager $1000 she voted for Obama.
She takes her photo, arms akimbo, as if she's some elitist snob who has somehow been screwed by the system but she's "fighting back!" The appropriate photo would be her and her mother hanging their heads in shame and sharing a can of cat food.
Her degree must be something the school made up, because who the hell works in that field? Is there such a field? Sadly, this moron has the right to vote...
And how about this? "Her mother can't help without selling her bed and breakfast, and then she'd have no home. She could take her daughter in, but there aren't good ways for her to earn a living in Alexandria Bay, in upstate New York."
So, here we have a woman who owns her own business, and whose college-educated daughter can't find a job? Surely there's work that can be done in a B&B, right? Isn't cooking and cleaning what "women's studies" is all about? Or do they both just assume the girl deserves a six-figure CEO gig right out of the gate?
In addition to agreeing with every comment so far, the gall of the NYT saying "why didn't somebody tell her that she was too far in debt." What a crock. If someone had done that then they would have been screaming at them for invading their privacy and getting overly involved. Or if they had denied the funds, they would have called them some other name.
This isn't reporting, it is an opinion piece. This mirrors the same situation with the housing bubble. If they didn't loan money they were profiling or racist, after they loaned the money and people defaulted bankers were greedy or the terms predatory.
10 comments:
I almost sent you an email yesterday when I read this article. Nothing special until I got near the end and read "graduating with an interdisciplinary degree in religious and women's studies." Ha! Surprise, surprise.
Perhaps the most telling quote from the entire article:
"They would do whatever they could to get Cortney into the best possible college, and they maintained a blind faith that the investment would be worth it."
Yep, that pretty much sums up the problems with the US economy today. Average people are basing their personal financial decisions on "blind faith." Then when reality smacks them upside the head, well, it is the bank's fault.
Investments are things you buy that have a positive return in the long run. Did this twit really think she was going to see a $100K+ increase in salary studying "woman's studies?"
Of course, the hopey-changey administration will find a way to forgive her debt, without requiring her to do something difficult, like be a productive member of society.
"It's the highest salary she's earned since graduating with an interdisciplinary degree in religious and women's studies"
Yes, it's rather peculiar this SALIENT FACT was buried so deeply in the article.
It's amazing, simply amazing, that the funding of student loans is not underwritten based on the expected income of one's major and university.
If that were the case, then universities would start charging different rates of tuition for different majors. Because the low-earning majors will have cheap tuition, they'll have to ration seats and eliminate WORTHLESS degree programs like Women's Studies.
Oh, and then she takes on MORE debt by going to school at night in order to defer her loans - kicking the can down the road.
And she lives in San Francisco. I'd wager $1000 she voted for Obama.
She takes her photo, arms akimbo, as if she's some elitist snob who has somehow been screwed by the system but she's "fighting back!" The appropriate photo would be her and her mother hanging their heads in shame and sharing a can of cat food.
What a meathead.
You know, it's that nice tattoo on her arm that tells me she's a good credit risk. Someone who really knows the value of money.
Hey look:
http://education.yahoo.net/articles/six_in_demand_degrees.htm?kid=12X5N
Woman's studies is clearly listed {absolutely NOWHERE} in the top fields to get a degree in.
Surprise, surprise, surprise!
Wonder if this twit would have paid attention when deciding to go to college had she read that list? Probably not.
Sure is a good thing she has a masters degree though. That should help out a lot as a photographer's assistant.
Her degree must be something the school made up, because who the hell works in that field? Is there such a field? Sadly, this moron has the right to vote...
And how about this? "Her mother can't help without selling her bed and breakfast, and then she'd have no home. She could take her daughter in, but there aren't good ways for her to earn a living in Alexandria Bay, in upstate New York."
So, here we have a woman who owns her own business, and whose college-educated daughter can't find a job? Surely there's work that can be done in a B&B, right? Isn't cooking and cleaning what "women's studies" is all about? Or do they both just assume the girl deserves a six-figure CEO gig right out of the gate?
http://www.facebook.com/search/?post_form_id=2370096ace4881ed111bd81db3192ba4&q=Cortney%20Munna%20&init=quick&ref=search_loaded
Send her your love...
In addition to agreeing with every comment so far, the gall of the NYT saying "why didn't somebody tell her that she was too far in debt." What a crock. If someone had done that then they would have been screaming at them for invading their privacy and getting overly involved. Or if they had denied the funds, they would have called them some other name.
This isn't reporting, it is an opinion piece. This mirrors the same situation with the housing bubble. If they didn't loan money they were profiling or racist, after they loaned the money and people defaulted bankers were greedy or the terms predatory.
This is becoming bizarro world.
News Flash from today:
US College degrees are falling in value.
http://news.yahoo.com/s/csm/20100602/ts_csm/304688
With knuckleheads getting masters degrees in women's studies, is it any wonder someone with a degree in literature cannot find a job?
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